What are the key factors that influences the success of a business?

What are the

importance that you have to consider?

list of business success factors:

 Leadership. Capable people who are able to focus on the big picture while
directing the small picture. ...
 Strategic and tactical plans. ...
 Powerful decisions. ...
 Effective communications. ...
 Continuous quality improvement. ...
 Efficient production. ...
 Great marketing and customer service.

9 Indispensable Factors to Consider Before Starting a Business

 A Business Idea.
 Knowledge or Expertise.
 Market or Demand.
 Start-up Costs.
 Capital and Finance.
 Competition.
 Location.
 Staff.

What is the difference between purpose of office location and own/lease?

While a homeowner will pay taxes directly, a landlord will generally factor the tax rate
they are paying into the rental amount that you ultimately pay. The big difference
between homeownership and renting here is the personal tax benefit currently
associated with homeownership.

What are the objectives of office layout?

Objectives of Office Layout

The main objectives of office layout are as follows

1. Effective utilization of available floor space and smooth flow of work.

2. Both power and telephone service is made available whenever necessary.
3. Office supervision is made more easy and convenient.
4. Good working conditions should be provided to each employee
5. The reception room should be very near to the main gate or entrance so that the
visitors may feel easy and convenient.

6. A sense of belonging and loyalty should be made in the minds of office employees.

7. Employee’s satisfaction should be the outcome of proper office layout.
8. There should be a free flow of communication among employees.
9. All the sections can not work independently. Hence, the office layout ensues
the interlinking of each sections according to their needs.
10. There must be an adequate space between desks, tables and chairs for free
movement of employees.
11. Noise and disturbing operations should be segregated within the office.

12. Some sections require privacy. The sections may be interview section and inquiry
section. Interview section is dealing with recruitment of staff and inquiry section is
dealing with progress and performance of the existing staff.
13. Frequent mutual consultation and interference between clerks should be avoided.
14. The room of the manager should be arranged in such a manner that he can easily
observe the activities of staff for exercising control on them.

15. The external noise and disturbance should be avoided by fixing double glazed
windows and doors.

16. Changes may be made in the office layout if the volume of work is increased in
future and requires facilities.

17. Staff doing confidential work should be provided adequate privacy.

18. There must be sufficient, natural or artificial light.
19. Adequate safety of valuable documents and records should be ensured.

What are the qualities of a good working condition?

 Productive atmosphere
 Open and Honest communication
 Compassionate team members
 Positive reinforcement
 Growth opportunities
 Positive thinking
 Good work-life balance